Where is our economy going?

Follow The Great Recession Blog to understand where we're headed during this time of economic collapse. The economic commentary to the right has accurately predicted the path of the ongoing Great Recession for several years.

I'm a hard-hitting, equal-opportunity critic toward either Republicans or Democrats because neither political party has the vision our economy needs, while our windbag economists have proven worse than weather forecasters in their economic predictions.

You can get notifications of new posts by clicking on the RSS link below if you have an RSS feed reader. The site currently has ...

Last week I wrote that election week would be Hell Week all across the United States because of rage and violence and contested election results (regardless of who appears to win). I also warned that the week now past would prove to be a turbulent precursor to the coming chaos. True to that prediction, the week that started appropriately with Halloween turned into Hillary’s own personal Hell Week — a DNC nightmare that spread a chilling fog over the US stock market and gave shudders to the Wall Street and Pennsylvania Avenue establishment.

Falling stock market experiences longest losing streak in 36 years

The S&P 500 and the Nasdaq closed lower on Friday to make nine days of straight decline. The fall has been shallow (only 3% for the S &P), but the run has been long — the longest since December, 1980. The decline is also peculiar in that stock prices have almost always risen in the run-up to an election. The S&P also touched down to its 200-day moving average during the middle of the day Friday before recovering slightly. That is considered a critical red line.

The S&P has experienced similar but shorter declines three times times in the last twenty years, two of which signified major market changes. It did it when Lehman Bros. fell in 2008 and just before Standard & Poor’s downgraded the United State’s credit rating for the first time in history in July and August of 2011, after which the stock market plunged. So, a downhill run this long is associated with a bad turn of events and a market sell-off.

Both of those downhill runs had a steeper fall (29% and 15%). The third time was a spillover from the European crisis, and did not precede a stock-market crisis in the US (only a 9% fall).

There have been eight times when the S&P 500 descended gradually over the course of the three months preceding an election, as it this year. All of those declines were about the size of this one, and in seven out of the eight times, the incumbent party lost the presidency. It’s widely known that, at the end of the day, Americans vote their pocketbooks. Right now, Hillary’s poll numbers are declining faster than the stock market.

If I’m right that the reason the market has been flatlining (with a gradual decline) for months now is that the Fed and/or the US government are buying stocks through proxies to prop it up (see “Is the Fed Fix in for the election?“), then a 3% drop may be more significant than it sounds. If the market persists in falling, despite extraordinary efforts by the establishment to prop it up for the election, that could indicate a market that is so inclined to fall that it keeps slipping even with the price fixing in place.

To me, with all we’ve seen in FBI-seized emails and Wikileaks emails about the Democrats manipulating everything they can to win this election (from bussing in illegal voters in primaries to siding against Bernie inside the DNC to slanting polls by oversampling Democrat voters), it’s almost a given that the Obama Administration (with its huge increase in deficit spending at the end of summer) and the Fed (whose chair woman Trump intends to fire) are doing everything possible to keep the stock market from falling, as bad economic news would surely put a stake through Clinton’s heart.

Alternatively, the falling market could be the fixers’ strategy to make sure that everyone sees that Wall Street fears a Trump victory in order to convey the message that a Trump win will be a stock-market disaster — given that the market’s fall has timed out with Hillary’s own fall. In that case, they will pull their support efforts on purpose if Trump wins so he can take the fall for the Fed’s failure.

When they blame Trump for the market fall that comes if he wins, just bear in mind that stock markets don’t have disasters when recoveries are real and the economy is as fine as Obama has been telling us all that it is. They only crash when the structure is so rickety that it doesn’t take much to knock it into a shambles.

Hillary has fallen

This time it wasn’t just a trip on the stairs or fainting on the way into her getaway car. This time Hillary is falling politically as Democratic support shifted out from under her because of one scandal too many. The fulcrum for all events in this crazy week was the FBI director’s announcement of more problematic Clinton emails discovered on the computer of a sex fiend who is appropriately named after the body part that he loves to display. Given that the kinds of websites Wiener was fond of frequenting are notorious for putting spy ware on computers, one can be certain any confidential State Department emails that made it from Hillary’s server onto Wiener’s device had as much privacy as Wiener’s personal parts.

The decline in the stock market can be partially tied to Hillary’s decline in the polls because the market had been pricing in a Hillary victory. Wall Street feels more comfortable with Clinton (the status-quo candidate) than it does with Trump, and why shouldn’t it? Hillary loves banksters because they pay her handsomely just to come and talk with them.

Even the polls that were rigged by oversampling in favor of Hillary, as admitted by Democrats in their pilfered emails, plunged in less than a week from having Clinton in a seven-point lead to having Trump in the lead. Most of them eventually recovered a little to Hillary having a slight lead; but the race is much tighter than it was when I wrote a week ago that this week would be a bumpy ride. Now that the cat was let out of the bag by FBI Director Comey, the election that was largely viewed by mainstream media as ‘in-the-bag for Hillary is also out of the bag. One more hiccup in revelations about Hillary could cost her what small edge she has retained.

The final standing for the polls at the end of the week is that several of the swing states that Trump needs in order to win have moved from predicting victory for Clinton to a toss-up. Most significantly, the two are now tied in Florida and North Carolina, must-win states for Trump. Ohio, a major electoral prize has also moved into the toss-up category. Indiana has moved from “leans Republican” to “solidly Republican.” Little New Hampshire, not important for its electoral vote, has a reputation for choosing the president (in the sense that the way NH votes winds up being the way the US as a whole votes — at least in the primaries). NH has moved from the Democrat side of the ledger into a fifty-fifty split. Michigan is now also a fifty-fifty tie, as are swing states Colorado and Pennsylvania.

Hillary and Obama lose it

Naturally, this deconstruction in the Democratic Party has made Hillary desperate, and that desperation drove her this week to doing an even better job of living up to one of her moniker’s — Shrillary:

About three minutes into her 20-minute stump speech, a heckler shouted “Bill Clinton is a rapist!” as he waved a neon green sign declaring the same statement.

[Hillary] Clinton pointed a finger at the protester, and raged…

“I am sick and tired of the negative, dark, divisive, dangerous vision and the anger of people who support Donald Trump,…” Clinton shouted. (The New York Post)

Nothing divisive there on Hillary’s part — just dividing the nation into the “us and them” categories of her wonderful supporters versus the homicidal maniacs who believe in Trump. That’s particularly rich coming from a woman who is raging while she says it and whose campaign enticed hecklers to initiate actual physical violence at Trump’s rallies. Shrillary apparently loves D-words, instead of F-words, when she rants because you can add that set to her recent where can i buy ambien online “deplorables” as a description of Trump supporters. Maybe that’s because the name “Donald” starts with a “D” so that letter haunts her mind.

If that’s how she divisively and negatively and darkly paints the half of all American voters who now stand on Trump’s side, then one has to wonder how far away martial law is if Hillary wins the election and people continue to protest Hill or Bill when they, again, hold the Offal Office. Aren’t “divisive, dark and dangerous deplorables” the kind of people that require the nation be protected by the National Guard? One can see how thinking and speaking of people in such villainous terms will make it easier to justify military action against them.

Of course, I don’t doubt that some of Trump’s supporters are mad enough that a win by Hillary could cause them to resort to violence. That is unfortunately what sometimes happens when the establishment remains deaf to the proletariat for too long. A citizen’s revolt won’t be far off if the establishment wins this one, even when running a scandal-drenched candidate who is hated by many Democrats.

While the Dems try to paint the Trumpettes as being the ones who will cause violence in the elections, I think violence from Black People Matter is even more likely, and we have already seen violence against two Republican headquarters. The Twittererverse has already been running calls for Black people to get violent if Trump wins. Expect some angry immigrants, too — especially those that don’t mind being illegal in the first place. So, there is as much likelihood of rage and chaos from the Hillary side as Hillary said this week should be feared from the dangerousTrump side.

Hillary is not the only one growing more Shrill. The Commander in Chief lost control of this own crowd this week when the entire audience started booing a lone, aged person wearing a Trump shirt:

Obama repeatedly tried to get the focus off the protester and back on him, but failed.

“Hold up, hold up,” he said as the crowd booed.

Between smiles and stern looks, Obama finally snapped at his audience.

“Listen up! Hey! I told you to be focused and you’re not focused right now!” he shouted, pointing at the crowd.

“Listen to what I’m saying! Hold up!” he continued as the audience ignored him and continued chanting.

“Hold up!” he said several more times as the crowd continued to focus on the protester.

“Everybody sit down and be quiet. Everybody sit down and be quiet for a second. Now listen up! I’m serious, listen up!”

Obama went on to say the “older gentleman” was supporting his candidate and “he’s not doing nothing.”

But the crowd continued to boo and heckle the protester.

“This is what I mean about folks not being focused,” Obama said.

After telling the crowd to “not boo, vote,” the professor continued to lecture his audience. “Now, I want you to pay attention because if we lose focus, we could have problems.” (The American Mirror)

If Obama’s warning to the crowd about focus is right, it looks like Democrats could have problems because this crowd of Hillary supporters certainly lost its focus, and a rarely outwardly angry Obama lost all ability to control his own supporters. So, what’s coming the day after the election if Trump wins? Riots that an angry Obama is no more able to control than he was able to control his own audience?

Hillary leaks

And I’m not just talking about her Depends or her colostomy bag. The State Dept. issued a zinger on Friday, just four days before the election with the revelation that one of Hillary’s deleted (“personal”) emails was classified and was sent to Chelsea and several others not believed to have classified clearance.

Ironically, one of Hillary’s statement’s in the leaked email was,

“Wow — you can’t make this up — sorry to have missed all of that! Let me know if you learn anything else. (The Daily Caller)

ALL of the text from the body portion of the email was redacted before release by the State Dept. because of its confidential nature. Ah well, it’s just state secrets about foreign governments.

You are right, Hillary, you just can’t make this stuff up. It gets richer by the day.

Hillary is becoming Hellary, as happens around this time of year. Her crimes have coiled around her like a forked tail until she has forked herself only to find her goose is cooked. This Halloween Week Hellary emerged from her human form, and her DNC minions went wild. You can see it in the trembling stock market; you can see it in Hellary’s trembling rage as she rants against a protestor in the video linked to above, and you can see it in the president losing patience as Hillary’s supporters focus on a single protestor, instead of on the president of the United States.

You can see it in the latest sign of Hillary’s growing desperation that re-emerged late in the week: she back to ranting her Russian paranoia, employing her most desperate argument yet, which had something to do with one of Trump’s computer systems being on the same server as a Russian bank. (We all know how villains like to hang out together on the same internet servers, never mind that the server is not owned by Trump or by the bank.) Clinton said this proved that Trump is Pawn of Putin.

Even the New York Times, a dedicated Hillary supporter, said this latest move was desperate and had absolutely no basis in fact. Wikileaks’ founder, Julian Assange also came out and said that the Russian government was not the source of the leaks. (I don’t think he’s been shown to be lying in anything he’s said yet, which is exactly why government’s hate him so viscerally.)

A better tall tale to tell

If you must have a good Russian conspiracy, I think all of the evidence to election tampering in Trump’s favor should be spun something like this:

The Russians paid Clinton’s campaigners to hire illegal immigrants to stir up violence at Trump rallies so that they could, then, hack the same campaigners’ emails to prove her campaign was doing this. These are the same Russians who installed a badly worn, cold-war reset button at the base of Hellary’s brain stem that turns her legs off when she’s getting into vehicles or going up and down stairs or causes her to omit ordors that were rumored this week as being between rotting cabbage and pig urine. Sometimes the button’s wiring shorts and causes her head to bobble in a jerking fashion or causes her to utter shrill chirps when saying words like “TURRR-key.”

The faulty wiring is also responsible for her smile, which stretches straight back like the Cheshire cat or only curls up at the tips like the Joker’s, making one feel that she is dreaming of how she is eventually going to torture whatever critic she is smiling at. When they installed the button, the Russians failed to connect it to her eye sockets. As a result, her eyes don’t smile with her but continue to stare like a raptor targeting prey. This causes the subliminal disconnect her audience experiences that makes them want to run nauseous out of the theater like they did during the original projection of The Exorcist.

Her plastic skin is starting to melt, and her burned wires are showing, and her vocal lexicon has been reduced to just the stuttering d-d-d-section of the d-d-dictionary.

GOLD AND SILVER RATIO SIGNALS MASSIVE SILVER RALLY! Video – Patrick MontesDeOca Humans are smart. We have sent men to the moon. We have harnessed nuclear […]

Be a patron of this blog at no cost!

You can give your patronage to support this blog anytime you plan to buy something from Amazon. Use one of the Amazon links on this site to get to Amazon, then shop for WHATEVER YOU WERE GOING TO BUY ANYWAY. Amazon will contribute 4-6% of the sale to help this site continue giving its economic predictions freely, and your support costs you nothing. (If you're using an ad blocker, you may need to click on it in your toolbar and set it not to block ads on this site.)

Alternatively, you can click on one of the non-Amazon ads, and you generate revenue to support this site just because you took a look. Again, it costs you nothing to help keep the site going. You don't get better economics than that!

(Note that some ads placed here are my choices based on what I think my readers will actually find interesting. Others are placed automatically by Google or Amazon based solely on subject matter of a particular page.)

Also, please use the social-media buttons or paste a link to one of my articles when you post in a relevant comment section elsewhere.

Regardless of what you do, thank you for reading the site! I enjoy your company in the comments.